Ministry of Land, Infrastructure & Transport housing subsidy for Korean residents aged 19–34: up to 200,000 KRW/mo × 12 months (2.4M KRW total)
| Category | Requirement |
|---|---|
| Age | Korean residents aged 19 to 34 (measured at application date) |
| Living arrangement | No-home tenant living separately from parents in Korea (registered address required) |
| Property cap | Deposit ≤ 50M KRW and monthly rent ≤ 700k KRW (rent-equivalent basis) |
| Youth-household income | ≤ 60% of Korean median income (self + spouse + direct descendants) |
| Original-household income | ≤ 100% of Korean median income (parents included) |
| Youth-household assets | ≤ 122M KRW |
| Original-household assets | ≤ 470M KRW |
| Unit amount | Up to 200,000 KRW/mo (capped by actual rent if lower) |
| Duration | Up to 12 months (cumulative across sessions) |
| Lifetime cap | 2,400,000 KRW (= 200k × 12) |
| Non-occupied months | Paused (military service, vacancy etc.) — resumes on re-occupancy with remaining sessions |
| Program period | Feb 26, 2024 to Dec 31, 2026 (2nd program cycle) |
| Applications accepted | Year-round, anytime during the program |
| Payment begin | Month following application and income review |
| Payment date | Around the 20th of each month via direct deposit to applicant's Korean bank account |
| Transfer-in registration | The rental unit must be your registered Korean address (주민등록). |
| Rent-transfer trail | Bank transfers to the landlord are the key evidence — cash payments need formal receipts. |
| No stacking | Cannot combine with Seoul Youth Rent, LH purchased rentals, etc. |
| Age measurement | Age 34 or below at application date — eligibility may change if the program is discontinued. |
This page is an informational summary about a South Korea–only program, based on the Korean Ministry of Land, Infrastructure & Transport (MOLIT) 2nd-cycle Youth Monthly Rent Support notice (as of April 2026). It does not replace official notices or administrative eligibility rulings, and applies exclusively to Korean residents renting in the Republic of Korea. The calculator considers only the property caps (deposit ≤ 50M KRW, rent ≤ 700k KRW); actual eligibility additionally requires Korean income and asset review and may differ from the result shown. Median-income, deposit/rent, and asset thresholds change yearly per Korean government notice and may be adjusted by municipal rules or program extension/termination, so always verify the latest conditions on Bokjiro, MyHome, or at your Korean community center before applying. This site makes no warranty as to accuracy and disclaims all liability for any loss arising from its use.
Youth Monthly Rent Support (청년월세 특별지원) is a rent subsidy run by the Republic of Korea's Ministry of Land, Infrastructure & Transport (MOLIT) to reduce the housing-cost burden on Korean youth. Korean residents aged 19 to 34 who do not own a home and rent a unit with deposit ≤ 50M KRW and monthly rent ≤ 700k KRW can receive up to 200,000 KRW per month for up to 12 months (totaling 2.4M KRW), provided their youth-household income is within 60% of Korean median and their original household (parents) is within 100% of Korean median. The 2nd cycle runs from February 2024 to December 2026 with year-round applications via Bokjiro, MyHome, or community service centers. Support cannot stack with other Korean rent-subsidy programs, and payments are made monthly to the applicant's bank account once rent payment is verified.
No — renting from a direct ascendant (parent, grandparent) is excluded. You may apply only for a formal lease with a non-ascendant or a third party and verifiable rent transfers.
Only if the building is registered as residential housing, has a formal lease, and supports official registration at that address. Typical goshiwons and university dorms usually do not qualify; rental-style residences need individual verification.
If the new unit still meets the deposit/rent caps and you re-register the address, the remaining months carry over. You must update the lease and address change on Bokjiro.
No — stacking is prohibited. You must choose the more favorable program; compare criteria and duration based on your situation.
Yes — months without actual rent payment (military service, long-term absence) are skipped. On return and resumption of rent, remaining sessions continue.
Income/asset review generally takes 1–2 months. Once approved, retroactive payments from the application month may be possible based on verified rent, so apply as early as possible.
South Korea's Youth Monthly Rent Support (청년월세 특별지원), administered by the Ministry of Land, Infrastructure & Transport, pays Korean residents aged 19–34 up to 200,000 KRW per month for up to 12 months (2.4M KRW total) during the 2nd cycle from February 2024 to December 2026. To qualify, applicants must rent a unit with deposit ≤ 50M KRW and monthly rent ≤ 700,000 KRW (rent-equivalent basis), live apart from parents with Korean registered-address registration, and meet income tests: youth-household ≤ 60% of Korean median, original-household (parents) ≤ 100% of Korean median. Youth-household assets must be ≤ 122M KRW and original-household ≤ 470M KRW. Applicants aged 30+, married, single parents, or Basic Livelihood recipients are exempt from the original-household check. Apply on Bokjiro (www.bokjiro.go.kr), MyHome portal (www.myhome.go.kr), or Korean community service centers year-round; review takes 1–2 months. Public-rental residents, tenants of direct-ascendant-owned homes, and recipients of other Korean rent subsidies are excluded. Inquiries: MOLIT 1599-0001, Bokjiro 1566-0133.